Monitoring and controlling in manufacturing companies

Implement Monitoring and Controlling to Increase Efficiency in Manufacturing Manufacturing companies must focus on operational efficiency to ensure optimum utilization of resources, improve productivity & maximize profitability. Closely monitoring and controlling performance, plays a very important role, as it helps ensure continuous improvement to achieve the above-mentioned objectives. Monitoring helps you to know where the present state of a business function is as compared to a standard or planned one.  Controlling involves corrective measures taken to bring that business function ...